Gap Financial News
08.07 / 06:01
08.07 / 06:01
Provident
Gap
Mohammed Siraj's heartwarming gesture leaves young cricketer overjoyed
Mohammed Siraj, who is renowned for his exceptional performances on the field, surprised a local cricketer in Barbados by presenting him with a cherished gift. Siraj, who is part of the Indian cricket team preparing for the highly anticipated two-match Test series against the West Indies, took a moment to acknowledge the invaluable assistance provided by the young local player during their practice sessions.
08.07 / 00:25
COST
UPS
Target
Gap
Strategy
Forrester
$2b hydrogen fund to target ‘flagship’ projects
Small players are the biggest losers from the federal government’s $2 billion hydrogen fund based on new proposals showing it will focus on two or three flagship projects to expand the scale of electrolyser capacity to 1000 megawatts by 2030.
07.07 / 19:17
COST
UPS
Provident
FIVE
Gap
Strategy
NRF Bill: Industry SPV to identify tech gaps, drive & fund R&D
The consortia will define the ‘problem’ or gap and fund research on the same at institutes, centres at institutes and groups of institutes, sources in the know said. Industry-academia collaboration and limited institutional level research spread are the key missing piece in India’s R&D ecosystem. The NRF hopes to address it through a multipronged strategy that will facilitate industry ownership of R&D initiatives and drive it down to the states. Critical to it is the funding plan that will be detailed in the Bill. The upcoming Bill proposes to set up NRF—an apex body to provide high-level strategic direction of scientific research in the country— at a total estimated cost of Rs 50,000 crore during five years (2023-28).
07.07 / 19:07
07.07 / 12:07
Provident
Gap
Remark
Discover
Southern
NASA's James Webb telescope unveils stunning images of Saturn's atmosphere, galaxies
Saturn's atmosphere have emerged thanks to the groundbreaking observations made by NASA's James Webb Telescope. Astronomers have discovered that Saturn appears incredibly dark due to the absorption of sunlight by methane gas. However, the mesmerizing rings encircling the planet remain visible, creating a captivating spectacle for observers.
07.07 / 09:21
UPS
Extreme
Gap
Canara Bank rolls out Mahila Samman Savings Scheme that offers a 7.5% interest rate
Bank of India, Canara Bank has rolled out Mahila Samman Savings Certificate, 2023 scheme across India. Nirmala Sitharaman, the Union Finance Minister, launched Mahila Samman Savings Certificate during her Budget statement for this fiscal year (2023-2024). According to the Canara Bank official tweet, “Canara Bank is proud to introduce the Mahila Samman Savings Certificate (MSSC) Scheme across India. As your trusted banking partner, we are committed to supporting women's financial growth and empowerment. Contact your nearest Canara Bank branch to learn more.” The Mahila Samman Savings Certificate, 2023 offers a secured investment option for a woman for herself or by the guardian on behalf of a minor girl. All you need to know about the Mahila Samman Savings Certificate scheme
07.07 / 08:57
UPS
Lowe's
Booking
Gap
SENSEX
PI Industries shares down 2.42% as Sensex falls
PI Industries Ltd. fell 2.42 per cent to Rs 3760.4 in Friday's session as of 02:04PM (IST) even as the equity benchmark Sensex traded 457.54 points lower at 65328.1. Earlier in the day, the stock witnessed a gap down start to the session.
07.07 / 08:05
Lowe's
Booking
Gap
SENSEX
United Spirits shares down 2.74% as Sensex falls
United Spirits Ltd. fell 2.74 per cent to Rs 917.85 in Friday's session as of 01:18PM (IST) even as the equity benchmark Sensex traded 433.97 points lower at 65351.67. Earlier in the day, the stock witnessed a gap down start to the session.
07.07 / 07:55
UPS
McDonald's
Gap
Metro
No tomato in McDonald's food products as prices surge across India; check details
Also read: Tomato prices soar to ₹155/kg! Highest in Kolkata among metros; check latest rates here The surge in vegetable prices can be attributed to a combination of factors, including the prevailing heatwave in key tomato-growing areas and heavy rainfall, which has disrupted the supply chains. Additionally, tomatoes have a relatively shorter shelf life, further impacting their prices. SEBI Registered Investment Adviser, Aditya Saha tweeted that McDonald's in Delhi had put up a notice stating that even McDonald's cannot afford tomatoes now. To this, many social media users replied with sarcasm.
07.07 / 05:31
FIVE
Gap
Chase
NIFTY
$5 billion-bet! FIIs chased these 7 sectors in June; will dollar-shower continue on D-Street?
foreign portfolio investors (FPIs), with financial services at the top of the list. The financial services sector saw net inflows of Rs 19,229 crore ($2.3 billion) in June, which is nearly 9% higher from May. Since March, the Nifty Financial Services index has gained a whopping 13% and scaled a lifetime high earlier this week.
07.07 / 00:41
Provident
FIVE
Digital
Gap
Government looks at ways to estimate size of digital economy
digital economy by identifying key performance indicators as well as gaps and the possible solutions to grow it further. It has set a goal of reaching $1 trillion digital economy in the next few years.
07.07 / 00:31
Digital
Booking
Gap
FPIs net buyers of corporate debt in June, after 7 months
investors turned net purchasers of Indian corporate debt after a gap of seven months, primarily due to a high-yielding Shapoorji Pallonji entity bond issue that drew firm overseas interest. As on June 30, foreign portfolio investment in corporate bonds was at ₹1,04,676 crore, an increase of ₹6,094 crore from May 31, NSDL data showed. June marked the first month since October 2022 in which overseas investors made a net purchase of Indian corporate debt.
06.07 / 18:53
UPS
Citi
Extreme
Gap
SENSEX
Data recap: Jio phone, tomato prices, stocks, and more
₹100/ kg in several cities. The key reason is crop damage in key growing states due to extreme weather from unusually hot conditions to incessant rains. Data from the Department of Consumer Affairs showed that retail prices shot up by 264% in Ahmedabad, 186% in Delhi, and 185% in Bengaluru during 1-27 June.
06.07 / 18:35
COST
Gap
Will the rupee emerge as a global currency?
currency markets and financing balance of payments. It can also be used as a reserve currency or as capital assets by private players. The process is closely interlinked with the size of an economy and the scale of trade.
06.07 / 18:35
UPS
Lowe's
Target
Gap
Strategy
‘Coal export strategy in works; local lithium hunt gains pace’
NEW DELHI : The Centre will devise a strategy to tap export markets for Indian coal as domestic production sets new records, Union minister of parliamentary affairs, coal and mines Pralhad Joshi said. In an interview, Joshi said India already exports around 2 million tonnes (mt) of coal to its neighbours. He said that after the recent lithium finds in Jammu and Kashmir and Rajasthan, the Geological Survey of India (GSI) has begun six projects on lithium investigation in Chhattisgarh, Meghalaya, Jammu & Kashmir, and Andhra Pradesh.
06.07 / 14:15
06.07 / 14:15
Provident
FIVE
Digital
Career
Gap
Former true-crime writer appointed consulting partner at McGrathNicol
Newly appointed McGrathNicol partner Tony Barnes says big organisations are still struggling to protect themselves from cyber threats and that complacency in cybersecurity will hurt the sale value of otherwise attractive businesses.
06.07 / 13:35
Manufacturing
Gap
seed funding
Drone maker InsideFPV raises Rs 2.75 cr as seed funding to grow biz
InsideFPV has raised Rs 2.75 crore in a seed funding round led by Inflection Point Ventures and will utilise the amount for product development, marketing and research. InsideFPV was founded in July 2020 and is currently serving the consumer segment with ongoing trials for the defence and agriculture segments.
06.07 / 12:01
UPS
Provident
Manufacturing
Platform
Gap
LinkedIn
America’s Green Skills Gap Raises Concerns About Energy Transition
Green skills in the U.S. aren’t growing as fast as green jobs, pressuring companies to get creative to find the workers they need to carry out the energy transition and take advantage of the historic amount of money pouring into climate technology. Generous incentives in last year’s U.S.
06.07 / 10:09
UPS
FIVE
VISA
Gap
Software
foreign
Romania’s hot economy is attracting foreign workers
economy has been growing steadily for a decade, last year by 4.7%. In 2010 GDP per person, adjusted for prices, was 53% of the EU average; by 2021 it was 74%. Meanwhile the population shrank from 23.2m in 1990 to 19m today.
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